Federal Government News:

For the latest news on federal government programs, initiatives and government grants, check out Washington Post's, The Fed Page.

There are a dizzying array of government assistance centers and the like on the internet. Most have mounds of red tape and applications that are required to be completed just to see if you qualify. Then you happen to get everything filled out correctly, you normally have to wait weeks or months before the assistance trickles down to you. In can be a very frustrating and unfortunately fruitless process at times.

Federal Government, State Government and Local Government Want To Help -

The United States does want to help homeowners who are behind on their mortgages. And they are helping a small percentage of people. It isn't really their fault that they can't help more. The system is set up in such a way that fraud is easy and so combatting that just adds more and more beauracracy to the process. Many of the hoops that homeowners must jump through have very little to do with getting assistance, and whole lot to do with preventing misuse, or simply providing departments with justification for existence.

This is not an easy thing to fix, so what is a struggling home owner to do. Well, the most obvious choice is to NOT go it alone. Get help.

Government Jobs Over Government Grants

The Obama stimulus and bailout plan has had one major impact so far. It has increased the number of government jobs tremendously. These jobs have often been created in the HUD (housing and urban development) branches of the government offices. And unfortunately, these new hires are often the ones homeowners find themselves talking with to get the answers they need. This can create a problem similar to what is found at the Internal Revenue Service, where depending on who you talk to, you get a different answer.

A Foreclosure Expert Can Help You Determine Which of These Options Makes Sense

Ready to learn more about these other options to stop foreclosure?  If you’re wondering whether any of these options can help you stop foreclosure, please complete the request for a FREE CONSULTATION and an Expert will call you right back.

Let Us Negotiate With Your Lender For You

The single-most important factor in stopping foreclosure is SPEED

Here are some of the basic options available to you when you work with us:

• Restructure (Most Popular Alternative) - We can negotiate with your lender to get your loan in good standing again. This can be accomplished through a separate payment plan for your delinquency or even adding the delinquency to the end of your loan.   Sometimes we can even lower your monthly payment!
• Reinstatement - Pay your lender(s) all of your past due payments to bring your mortgage current. This option is rarely feasible.
• Refinance - We have established relationships with very reputable lenders who can give loans on mortgages that are in foreclosure if there is enough equity in your property available.
• Sell Your Home - You may simply sell your home before the Foreclosure Sale Date. Sometimes the home owner is unable to sell the home outright at the desired sale price and this is not an option.
• Short Sale - We may be able to negotiate a Short Sale on your behalf with your lender(s). In this instance the lender may take less than what you owe on the loan to avoid a lengthy and costly foreclosure process.
• Deed-in-lieu of Foreclosure - We can arrange for you to simply give the home back to the lender and walk away with a clean slate.
• Bankruptcy - This is a last resort. This will only save your home temporarily. If you miss one payment during this process the lender will put you right back into foreclosure.
• Foreclosure - You may elect to allow the home to be entered into mortgage foreclosure. This is the most damaging to you. The lender will take your home and all of your equity. If there is no equity, your lender may get a deficiency judgment against you and come after you to repay the shortage or “deficiency”. This is the most damaging to your credit and your ability to acquire another home loan.